Given the continued high import coal prices, it is difficult to forecast a sharp output recovery in this sector beginning in 2023.
VNDirect expected a solid recovery from coal-fired output in 2022 due to a demand surge and power shortage concerns.
Kis Vietnam said that as La Nina wanes, EVN would shift its focus to coal-fired plants to ensure its power supply.
Coal-fired plants could remain competitive until international coal price cools down as China is having stern actions to recover coal supply, said VNDirect.
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